Singapore legislation
Section 27A
Section 27A
Recovery of financial penalties, etc.
(1)
Any person who fails to pay a financial penalty by the date the person is required to do so under this Act is liable to pay, after that date, interest on the amount unpaid at the same rate as for a judgment debt.
(2)
Any financial penalty and any interest on the financial penalty payable by any person under this Act must be paid to the Board and is recoverable by the Board as a debt due to the Board from that person; and the person’s liability to pay is not affected by the person’s licence ceasing (for any reason) to be in force.
(3)
The Board may (in any case it thinks fit) waive, remit or refund, in whole or in part, any financial penalty or any interest on the financial penalty payable under this Act.
(4)
All financial penalties and interest on the financial penalties collected by the Board under this Act must be paid into the Consolidated Fund.